DEBT (Tables)

3 Months Ended

Mar. 31, 2021

Debt Disclosure [Abstract]

Schedule of Debt

The following table summarizes our indebtedness:

	(in thousands)
	March 31, 2021			December 31, 2020			Weighted Average Maturity in Years at March 31, 2021
Lines of credit	$	181,544		$	152,871		1.41
Term loans (1)	145,000			145,000			3.64
Unsecured senior notes (1)	175,000			125,000			8.40
Unsecured debt	501,544			422,871			4.49
Mortgages payable - fixed	295,001			298,445			5.03
Total debt	$	796,545		$	721,316		4.69
Weighted average interest rate on lines of credit (rate with swap)	2.18		%	2.85		%
Weighted average interest rate on term loans (rate with swap)	4.11		%	4.15		%
Weighted average interest rate on unsecured senior notes	3.47		%	3.78		%
Weighted average interest rate on mortgages payable	3.92		%	3.93		%
Weighted average interest rate on total debt	3.37		%	3.62		%

(1)Included within notes payable on our condensed consolidated balance sheets.

Aggregate Amount of Required Future Principal Payments on Mortgages Payable

The aggregate amount of required future principal payments on term loans, unsecured senior notes, and mortgages payable as of March 31, 2021, was as follows:

	(in thousands)
2021 (remainder)	$	22,221
2022	37,219
2023	45,068
2024	3,777
2025	102,505
Thereafter	404,211
Total payments	$	615,001